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Xpenser Acquired By Coupa Software

socalTECH

San Diego-based Xpenser , a startup developing a cloud-based service to help prepare and submit expense reports for its users, has been acquired. According to Coupa Software , it will use the buy to expand its domain expertise and leadership in the area of expense management. The firm was founded in 2008. READ MORE>>.

Software 193
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Plug and Play San Diego Finds Home in New Downtown Works Space

Xconomy

Plug and Play San Diego has formed a partnership with Downtown Works, a new co-working space in downtown San Diego, which will give the local Plug and Play program a place to call home. We would like to launch an accelerator based here, and bring in additional resources from the Bay Area.”. billion under management.

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ServiceNow Tops Job Creation List

socalTECH

San Diego-based enterprise software developer ServiceNow has been ranked the top job creator in a listing from Inc. Magazine, the company reported today. The company added 792 jobs during the three period. The company said it was number six among all companies in California, and number 14 in the overall top 100.

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Bard, Lindzon Get Exit At Assistly

socalTECH

Alex Bard , the San Diego-based CEO of customer support software firm Assistly , has sold his second company, as online CRM software giant Salesforce.com said today that it was paying $50M for Assistly. Assistly is the second successful exit for Bard, who sold his last startup, Goowy, to AOL in 2008.

San Diego 171
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Sorenson Media Launches New Product For Servers

socalTECH

San Diego-based Sorenson Media , the developer of video encoding and decoding software headed by Peter Csathy, said late last night that it has launched a new product, Sorenson Squeeze Premium. The new product is a version of its standard Squeeze video encoding software specifically aimed at running on windows Server 2008.

Media 124
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ESET Names New CEO

socalTECH

San Diego-basd ESET , a developer of security software, said today that Andrew Lee has been named CEO of the firm. Lee was most recently at K7 Computing, and had previously been Chief Research Officer at ESET from 2004 to 2008. Lee replaces founder Anton Zajac, who becomes President of the firm.

San Diego 133
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DivX Gets Settlement From Yahoo On Toolbar Lawsuit

socalTECH

San Diego-based DivX reported Wednesday that it has reached a settlement with Internet portal Yahoo!, DivX sued Yahoo in November of 2008, after Yahoo backed out of a deal to offer its toolbar to users who downloaded video software from DivX. The firm said the settlement would boost its earnings by $0.29 READ MORE>>.

Yahoo 140